Business
Investment Portfolio Update
Investment Portfolio Update.
About this update from Mindflair Plc
[{"type":"text","content":"\n \n \n \n \n \n \n 27 June 2022\n \n \n \n \n Pires Investments plc\n \n \n \n \n \n \n \n \n (\"Pires\" or the \"Company\")\n \n \n \n \n \n \n Investment Portfolio Update\n \n \n \n \n \n \n \n \n Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to provide an update on developments relating to companies within its investment portfolio that Pires is invested in directly and indirectly, through its investment in Sure Valley Ventures (\"SVV\").\n \n \n \n \n \n \n Admix\n \n \n \n \n \n \n Admix, the leading In-Play monetisation company that bridges the gap between gaming content and brands, has announced that it is merging with LandVault Inc (\"LandVault\") (\n \n \n https://landvault.io/\n \n \n ), a builder of virtual experiences in metaverse worlds aimed at attracting people into blockchain and metaverse ecosystems, in order to enter into Web3.\n \n \n \n \n \n By merging with LandVault, Admix aims to become a go-to service provider for major intellectual property holders and brands, enabling large companies across all industries to enter the metaverse and be monetised with its in-game advertising technology. The combined company, which will be known as LandVault, will be able to access the US$25 million in growth capital from Admix's Series B round in October 2021. Samuel Huber, Founder and Chief Executive Officer of Admix, will remain as Chief Executive Officer of the combined business.\n \n \n \n \n \n Further details can be found at the following link:\n \n \n https://venturebeat.com/2022/06/20/admix-merges-with-landvault-to-move-into-making-metaverse-experiences/\n \n \n \n \n \n \n \n Pires is invested in Admix through its investment in SVV.\n \n \n \n \n \n \n Low6 Limited (\"Low6\")\n \n \n \n \n \n \n Low6, the company that has developed a next-generation sports betting platform, has announced it is offering its free-to-play gamification technology to the sports, sports betting and gaming industries as a full turnkey business-to-business (\"B2B\") solution. European operators TOTO and Jacks are already onboarded to the Low6 platform, with major operators in both North American and Asia Pacific markets to be revealed later this year. The free-to-play platform powers a range of products for par...